We recognise and understand the impact of globalisation, evolving demographics and technology disruption, driving investment to meet this unprecedented demand for the industry, and have experience navigating the social and political complexities that underpin these issues.
We continue to be a partner of choice for sponsors, governments, contractors and financiers globally, who we support across the project lifecycle. We create value for each of them by using the lessons we’ve learned, deal-on-deal and across roles, to shape an understanding of the investor, operator and user preferences that ensure both the immediate and future success of projects.
We are proud of the role we are playing in shaping the future of our cities and regions. We’ve tackled the most complex infrastructure and transport projects in the market and understand the need the end-to-end solutions that get your projects planned, approved, structured, financed, built and operated – on time and within budget.
From start to finish we give you the comfort of dealing with a team of infrastructure and transport specialists that has been built around the imperative of providing clients with excellent service, unparalleled expertise and outcomes. We bring a true sector-focused capability, with experience spanning both core and non-core infrastructure and covering all aspect of major projects..
Drawing on our understanding of international, regional and local funds regimes, we also advise on all aspects of the infrastructure funds industry, including listed and unlisted funds, retail and wholesale funds and co-investment structures.
In full, our infrastructure coverage includes:
- Project development and joint venture agreements
- Planning advice and environmental issues
- Construction and engineering procurement
- Anti-trust and regulatory compliance
- Mergers, acquisitions and disposals
- Fund formation and fundraisings
- Group reorganisations
- Project, corporate and structured financing
- Commercial and information technology contracts
- International arbitration and dispute resolution.
Our recent experience includes
- Advising Wren House Infrastructure Management Limited on the sale of its 19.99% stake in TransGrid Australia to Canadian pension fund OMERS. TransGrid Australia is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital Territory.
- Advising Transport for NSW on the delivery of Stages 1 and 2 of the A$3.5 billion Parramatta Light Rail project.
- Advising ARTC on the negotiations with the Commonwealth Department of Finance and the Department of Infrastructure, Regional Development and Cities on the Project Development Agreement, Equity Funding Agreement and structuring agreements for the A$12 billion Inland Rail project.
- Advising on upstream and downstream disputes arising from the A$1.85 billion new Royal Adelaide Hospital project, the single largest infrastructure project in South Australia’s history.
- Advising Macquarie Global Infrastructure Fund III (GIF III) on the competitive sale of its 50.1% stake in Hobart Airport to a consortium of the state-owned investment firm Queensland Investment Corporation (QIC) and Dutch-based airport operator Royal Schiphol Group.
- Advising Perth Airport on its $2 billion world class airport expansion, including 3 new terminals, fuel system re-location, new central logistics buildings, procurement and installation of screening equipment and in relation to their negotiations with the state government for the Forrestfield Airport Link project in Western Australia.
- Advising on the Sydney Metro rail system to Western Sydney Airport (Badgerys Creek) worth A$12bn, including design and construction, negotiations with the Commonwealth, rail safety and accreditation, Commonwealth and NSW procurement processes, environmental processes (including EPBC Act, Airports Act and EPA).
- Advising Queensland Airports Limited on its capital restructure and financing arrangements, including a $100 million carbon related Sustainability Linked Loan as part of the $300 million redevelopment of the Gold Coast Airport.
- Advising financiers on Stages 1 and 2 and CPB Contractors on its bid for Stage 3 of the Gold Coast Light Rail project.
- Acting for AMP Capital on the acquisition and restructure of the Hopkins Correctional Centre (Ararat Prison) PPP.
- Acting for Transurban on all aspects of its global corporate debt portfolio and a number of its asset-level financings (Cross City Tunnel, Westlink M7, Transurban Queensland, Westconnex), while also advising on its acquisitions of the minority stakes in the M5 West toll road project to achieve 100% ownership.
- Advising a consortium led by Macquarie Asia Infrastructure Fund 2 on its acquisition of an 88% stake in AirTrunk, a hyperscale data centre platform for large cloud, content and enterprise customers. It operates data centres in Sydney, Melbourne and Singapore and opened its first data centre in Hong Kong in late 2020.
- Acting for a consortium, comprised of MIRA, Sunsuper, HESTA and PSP in respect of the consortium’s successful bid for the partial commercialisation of Landgate’s automated land titling, plan and associated services by the Western Australia Government.
- Advising Infrastructure NSW on upgrades to key sporting infrastructure, including the construction of the 30,000 Western Sydney Stadium and the redevelopments of the Sydney Football Stadium and Stadium Australia.
- Advising Australia’s sovereign wealth fund, The Future Fund on the acquisition of a 24.1% (24% of sponsor shares) stake in Canberra Data Centres from Commonwealth Superannuation Corporation in a move that reflects the importance of digital infrastructure assets.
- Advising the Sydney Transport Partners consortium on its winning $9.3 billion bid to acquire 51% of WestConnex. KWM has since also advised WestConnex on the establishment of an Australian Medium-Term Note programme and issuance. The issuance was a 10-year fixed rate senior secured bond for $650m – one the largest 10-year issuances in the domestic market’s history.
- Advising Brookfield Business Partners on its proposal to acquire Healthscope, Australia’s second-largest private hospital operator. The transaction has an enterprise value of $5.7 billion.
- Ranked Band 1, Project Finance - Chambers Asia-Pacific, 2021
- Ranked Tier 1, Project Development - Legal500 Asia Pacific, 2021
- Ranked Tier 1, Project Finance - Legal500 Asia Pacific, 2021
- Ranked Band 2, Infrastructure - Chambers Asia-Pacific, 2021
- Ranked Band 2, Construction - Chambers Asia-Pacific, 2021